MKAM ETFMKAM ETFMKAM ETF

MKAM ETF

No trades

Key stats


Assets under management (AUM)
‪12.09 M‬USD
Fund flows (1Y)
‪3.63 M‬USD
Dividend yield (indicated)
2.08%
Discount/Premium to NAV
−0.03%
Shares outstanding
‪390.00 K‬
Expense ratio
0.53%

About MKAM ETF


Issuer
Empirical Finance LLC
Brand
MKAM
Home page
Inception date
Apr 12, 2023
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Empowered Funds LLC
Distributor
Pine Distributors LLC
Identifiers
3
ISIN US02072L4905
MKAM looks to participate in rising US equity markets by investing similarly to the S&P 500 while cutting volatility and drawdown risk. The fund tactically shifts the portfolio exposure using a market risk model that is based on macro trends and individual security fundamentals. The fund generally invests in favor of equities but may change exposure based on the models signals. A daily assessment of these signals can result in an allocation to equity, fixed-income securities, or a mix of both ranging from 0-100% of portfolio assets. During stock declines, the fund aims to take a defensive position resulting in higher allocation to fixed-income securities. Fixed income exposure may include US Treasury, money-market instruments, and mutual funds. The fund may also purchase put options and sell futures contracts as forms of hedging from market drawdowns.

Broaden your horizons with more funds linked to this ETF via country, focus, and more.

Classification


Asset Class
Asset allocation
Category
Asset allocation
Focus
Target outcome
Niche
Capital appreciation
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Government
Bonds, Cash & Other100.00%
ETF85.51%
Government14.05%
Mutual fund0.37%
Cash0.07%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
MKAM trades at 30.74 USD today, its price has risen 0.03% in the past 24 hours. Track more dynamics on MKAM price chart.
MKAM net asset value is 30.74 today — it's fallen 0.87% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
MKAM assets under management is ‪12.09 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
MKAM price has fallen by −0.56% over the last month, and its yearly performance shows a 3.23% increase. See more dynamics on MKAM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.87% over the last month, have fallen by −0.87% over the last month, showed a 0.35% increase in three-month performance and has increased by 6.27% in a year.
MKAM fund flows account for ‪3.63 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
MKAM invests in funds. See more details in our Analysis section.
MKAM expense ratio is 0.53%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, MKAM isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, MKAM technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MKAM shows the buy signal. See more of MKAM technicals for a more comprehensive analysis.
Yes, MKAM pays dividends to its holders with the dividend yield of 2.08%.
MKAM trades at a premium (0.03%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
MKAM shares are issued by Empirical Finance LLC
MKAM follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 12, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.